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Old Mon Mar 24, 2008, 08:23am
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Join Date: Nov 2006
Location: Oklahoma
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Quote:
Originally Posted by Dan_ref
As for mileage, which I think by far is the largest expense for most of us, my understanding is you can deduct the cost of driving from 1 place of business to the next. Drive from home to a game? Can't deduct. Drive from work to a game? Can deduct. You cannot deduct the cost of driving back home. You can deduct tolls and parking costs. This is how I handle it, and I deduct every mile I am allowed at least to offset the travel expense money I recieve that I must report as income.
I just wanted to point out explicitly that this isn't accurate. As an independent contractor, you can deduct mileage to and from games regardless from where you leave.
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